HLL plans bonus debenture issue, hike in FII limit
FMCG major Hindustan Lever Ltd (HLL) proposes to issue bonus debentures to its equity shareholders, by drawing upon the company's general reserves to the tune of Rs 1,455 crore.

IA fleet expansion with Rs 325 cr may take off
THREE years after the Cabinet first approved the proposal to inject Rs 325 crore as equity to Indian Airlines (IA), the Finance Ministry has finally indicated that it is willing to provide this amount as margin money for fleet expansion.

Maruti workers seek stay on VRS
THE workers' union of Maruti Udyog Ltd. have moved court seeking a stay on the Voluntary Retirement Scheme (VRS). It has also alleged that the company was forcing employees to embrace its maiden early retirement package, the lawyer for the union has said .

Promoters taken off ESOP ambit
THE Government today excluded promoters or directors of companies and unlisted foreign companies from the ambit of the Employees Stock Option Plan (ESOP) guidelines issued by the Central Board of Direct Taxes, thus denying them the benefit of preferentia l tax treatment.

Industry may take a heavy pounding
THE strikes on Afghanistan is likely to hit the Indian industry hard with almost all sectors, be it old economy or new economy companies, expecting a slowdown.

Get the address, Post-haste
DO you want to know which is the preferred shopping destination of people in Chennai? Or, for that matter, the favourite holiday haunt of Bengalis? The eating habits of people living in a remote village in Sikkim? How many households in Mumbai's western suburb of Kandivili cook their dinner at home on weekdays? The answers to these questions, and many more, could soon be available with, hold your breath, the Department of Posts!

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